Fourth seed Maria Sharapova crashed out of the WTA Wuhan Open in two sets Wednesday, while world No 8 Angelique Kerber crushed her opponent to make the quarter-finals.
Sharapova was defeated by Timea Bacsinszky in a tight game, losing the first set at the tie break and the second 7-5 – a result which broke the hearts of the local crowd who were supporting the Russian world No 4.
“There were a lot of, you know, times in the match where I did everything right for the first few balls and then didn’t execute in the points,” Sharapova said.
“I think I always allowed her to get another ball back and to make me play another ball.
“Then obviously that didn’t help me, because I was making more mistakes.”
The tournament has already suffered the loss of a string of seeds, including world No 1 Serena Williams, and local hero Li Na announced her retirement days before it started.
Simona Halep, Ana Ivanovic, Dominika Cibulkova and Agnieszka Radwanska are among the others to make their exit already, as well.
Switzerland’s Bacsinszky will go on to play either Casey Dellacqua of Australia or Denmark’s world No 8 Caroline Wozniacki in the quarter-finals.
Kerber, the seventh seed in Wuhan, lost only two games in her match with Barbora Zahlavova-Strycova of the Czech Republic, winning 6-1, 6-1.
“I played a very good match. It was tough, because Barbora is a great player and she played very well,” Kerber said.
“I’m happy about my performance today.”
French players Caroline Garcia and Alize Cornet also made it through to the quarter-finals.
Cornet took the first set against Belgian Kirsten Flipkens at the tie-break before she was given a shock in the second, in which she won only one game.
But the world No 22 appeared more dominant in the third set, finally sealing victory with a scoreline of 7-6 (7/4), 1-6, 6-3.
“I think that Kirsten played much better in the second set,” Cornet said.
“Already at the end of the first set she was playing better, and it was good that I took this first set.”
Cornet described the final games of the match as a “huge fight”, adding: “I was just fighting and trying my best. At the end it worked out.”
Garcia continued her fine run at Wuhan with victory over Coco Vandeweghe.
The 20-year-old rising star, who claimed a victory over world No 6 Radwanska in the second round, defeated the American 6-3, 6-2 to make it through to the quarter-finals.
But it was a sad day for Spaniard Garbine Muguruza, another 20-year-old who performed heroics in the second round, after she withdraw from her third-round match with gastritis before a ball was hit.
Muguruza had defeated second seeded Halep.
Her opponent, Ukraine’s Elina Svitolina, will meet Kerber in the quarters.
The Wuhan Open in the central province of Hubei features the world’s top 20 women players and reaches its climax on Saturday.
Among the remaining seeds are Canadian Eugenie Bouchard (6) and Petra Kvitova (3). Wimbledon winner Kvitova got by Karolina Pliskova with a 6-4, 2-6, 6-4 win.
Cornet will face Bouchard if she wins, while Garcia will meet Kvitova in the quarters.
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New Zealand T20 squad
New Zealand T20 squad: Tim Southee (captain), Finn Allen, Todd Astle, Hamish Bennett, Mark Chapman, Devon Conway (wicketkeeper), Lockie Ferguson, Martin Guptill, Adam Milne, Daryl Mitchell, Glenn Phillips, Ish Sodhi, Will Young
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Match info:
Burnley 0
Manchester United 2
Lukaku (22', 44')
Red card: Marcus Rashford (Man United)
Man of the match: Romelu Lukaku (Manchester United)
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How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
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*Annual tuition fees covering the 2024/2025 academic year
The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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And%20Just%20Like%20That...
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”